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401 E White St Local commercial 862 m² À vendre Preston, IA 52069 943 320 € (1 093,81 €/m²) Taux de capitalisation 7,50 %
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- NNN Lease
- Limited Competition
- Low In-Place Rent
Résumé analytique
WSG CRE has been retained by ownership to market the fee simple interest in 401 E White St, Preston, IA, a Dollar General property. Dollar General has occupied the site since 2017 and operates under a net lease with a term extending through 2032. The lease is backed by a corporate guarantee from Dollar General Corporation.
CORPORATE GUARANTY | NNN LEASE STRUCTURE
The property is leased to Dollar General under a triple-net (NNN) lease structure with no landlord responsibilities, providing investors with a truly passive, management-free investment opportunity. All operating expenses, including taxes, insurance, and maintenance, are the responsibility of the tenant.
LIMITED COMPETITION | COMPELLING VISIT STATISTICS
The Dollar General in Preston, IA is the only dollar store in the community and the only one within a 12- mile radius, with the nearest location in Savannah, IL. The store receives more than 119,000 visits per year and ranks in the top 30% of Dollar General locations in Iowa, according to Placer.ai. The lack of nearby competition and strong visit data support the location’s consistent performance.
STRONG IN-PLACE CASH FLOW
The asset is offered at an asking price of $1,095,533, reflecting a 7.50% cap rate on current NOI of $82,165. The property offers stable, predictable annual income backed by a nationally recognized retailer, with 10% rental increases in each of the five option periods.
2017 CONSTRUCTION | LIMITED EXPOSURE
Constructed in 2017, the building is relatively new and in good condition, which may reduce the need for significant capital expenditures during the hold period. The property also features Dollar General’s typical galvalume steel roof, which has an estimated useful life of more than 40 years.
CORPORATE GUARANTY | NNN LEASE STRUCTURE
The property is leased to Dollar General under a triple-net (NNN) lease structure with no landlord responsibilities, providing investors with a truly passive, management-free investment opportunity. All operating expenses, including taxes, insurance, and maintenance, are the responsibility of the tenant.
LIMITED COMPETITION | COMPELLING VISIT STATISTICS
The Dollar General in Preston, IA is the only dollar store in the community and the only one within a 12- mile radius, with the nearest location in Savannah, IL. The store receives more than 119,000 visits per year and ranks in the top 30% of Dollar General locations in Iowa, according to Placer.ai. The lack of nearby competition and strong visit data support the location’s consistent performance.
STRONG IN-PLACE CASH FLOW
The asset is offered at an asking price of $1,095,533, reflecting a 7.50% cap rate on current NOI of $82,165. The property offers stable, predictable annual income backed by a nationally recognized retailer, with 10% rental increases in each of the five option periods.
2017 CONSTRUCTION | LIMITED EXPOSURE
Constructed in 2017, the building is relatively new and in good condition, which may reduce the need for significant capital expenditures during the hold period. The property also features Dollar General’s typical galvalume steel roof, which has an estimated useful life of more than 40 years.
Informations sur l’immeuble
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
862 m²
Classe d’immeuble
B
Année de construction
2017
Prix
943 320 €
Prix par m²
1 093,81 €
Taux de capitalisation
7,50 %
RNE
70 749 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,14
Surface du lot
0,61 ha
Zonage
A-1 - Commercial
Stationnement
30 places (34,79 places par 1 000 m² loué)
Façade
126 m sur E White St.
Caractéristiques
- Enseigne sur pylône
- CVC contrôlé par l’occupant
- Climatisation
Principaux occupants Cliquez ici pour accéder à
- Occupant
- Secteur d’activité
- m² Occupés
- Loyer/m²
- Type de bail
- Fin du bail
-
- Enseigne
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
| Occupant | Secteur d’activité | m² Occupés | Loyer/m² | Type de bail | Fin du bail | |
|
|
Enseigne | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Plutôt praticable à pied
30/100
Très bien adapté aux voitures
80/100
Plutôt praticable en vélo
40/100
Taxes foncières
| Numéro de parcelle | 882028327012000 | Évaluation des aménagements | 711 838 € |
| Évaluation du terrain | 43 570 € | Évaluation totale | 755 408 € |
Taxes foncières
Numéro de parcelle
882028327012000
Évaluation du terrain
43 570 €
Évaluation des aménagements
711 838 €
Évaluation totale
755 408 €
1 sur 16
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
401 E White St
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